On average, listings lease in the $20's per square foot per year. The Lafayette submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.
In the last 90 days, 33 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 79% of the office spaces in the Lafayette are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,900 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 0 and are Class B.